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Arris Group Inc (ARRS) [hlAlert]


Arris Group Inc (ARRS) downgraded to Hold by Needham

Posted on: Tuesday,  Jun 16, 2009  8:25 AM ET by Needham

Needham rated Hold Arris Group Inc (NASDAQ: ARRS) on 06/16/2009. Previously Needham rated Strong Buy Arris Group
Inc (NASDAQ: ARRS) on 07/09/2008., when the stock price was $7.08. Since then, Arris Group Inc has gained 66.24% of its value until Needham rated ARRS Buy on 06/16/2009, when the price was $11.77. .

ARRIS Group, Inc. (ARRIS) is a global communications technology company specializing in integrated broadband network solutions that include products, systems and software for content and operations management, and professional services. It develops, manufactures and supplies cable telephony, video and high-speed data equipment. In addition, it is a supplier of infrastructure products used by cable system operators to build-out and maintain Hybrid Fiber-Coaxial (HFC) networks. It provides products and equipments to cable system operators and multiple systems operators (MSOs). Its products allow MSOs and other broadband service providers to deliver a range of integrated voice, video and high-speed data services to their subscribers. It operates in three segments: Broadband Communications Systems (BCS), Access, Transport and Supplies (ATS), Media and Communications Systems (MCS).

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2015 10:25 AM Buy
28.03 34.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  48.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2014 8:25 AM Buy
31.34 32.00
12/21/2012 8:25 AM Buy
14.76 18.00
3/9/2010 9:25 AM Buy
12.30 16.00
6/16/2009 8:25 AM Hold
7/9/2008 9:25 AM Buy
7.08 11.00
2/15/2008 8:25 AM Buy
5.02 12.00
10/25/2007 9:25 AM Buy
12.50 17.00
7/26/2007 9:25 AM Buy
14.57 20.00

(*) Stock Price at the time of the recommendation.
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